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Tuesday, May 7, 2019

Recent Buy WFC

Today I purchased 5 shares of WFC at 47.94 per share for a total of 239.70. I had been long looking at Wells Fargo. And today I had a chance to lower my cost basis and pickup a banking giant with 7 years of dividend growth a 3.82% yield and only a 39.4 percent payout ratio. WFC is down 20.76 off its 52 week high. 12 of 30 Financial analysts currently rate WFC as a buy or strong buy. Sure the company the company isn't without risk. It has a lot of mortgage exposure and is recovering from scandals. The company is also without a CEO. But overall their financials are solid. The current value mitigates the risk. I'm very happy with this purchase at the price I got it at. My forward dividends are now $365.46. Slowly but surely this is starting to turn into real money.

Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.

Disclosure Long WFC.

Tuesday, April 30, 2019

April Dividends

April has always been a slow month for me for dividends. This year is no different. Perhaps I will look to add some April payers in the future to have a little balance. Two companies paid me a total of $5.49. Below is a list of April dividend payers. I'm up 26 cents from last year thanks to dividend increases.


O:             $3.84
TIF:          $1.65

Disclosure:

 Long O & TIF

Disclaimer



Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.

Thursday, April 4, 2019

Recent Buy CVS

I recently grabbed 4 shares of CVS at $52.60. It hasn't raised its dividend, but I like the direction the company is going in. I believe the acquisition of Aetna will make CVS extremely competitive long term. I love the value right now. While they didn't raise their dividend in over a year, they still have room to grow with a payout ratio of just 28.4% and a competitive dividend yield of 3.75%. This is my second consecutive buy of CVS. This time at $10 less per share. Do I have some concerns about Amazon and other online competitors? Of course. I do believe the company is taking the right steps to remain relevant. So do 15 of 24 analysts to recommend them as a buy or strong buy. The 1 year price target is $75.78.

Disclosure
Long CVS

Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.

Sunday, March 31, 2019

New addition

With one of my children out of daycare this was going to be the start of ramping up my savings towards an early retirement for the family. Then my wife and I decided to try for another child. We are blessed to have No. 3 on the way. Financially this is a setback in terms of early retirement. But I wouldn't trade the gift of a third child for anything. I will have to make some small revisions to my long term retirement goals, but I'm looking forward to what the future will bring.

March Dividends

March was a solid month for dividends 18 companies paid me a solid total of $41.16. This was the first time that I've broken the forty dollar mark. My YOY is 32.3% of last year. Hope everyone else's March was as fantastic as mine.






WFC          0.90
DFS           2.00
AMGN      1.45
TGT          6.40
EMR         2.45
JNJ            1.80
ADM         0.35
HBI           1.50
FLO          1.80
CMP         3.60
O               3.83
DUK         3.71
UL            0.87
D               2.75
GM           1.14
DAL         1.40
PEP           3.71
BAC         1.50

Saturday, March 2, 2019

February Dividends

February was a good month for dividends. 10 companies paid me a total of $37.75. This accounts for a 63.6 percent year over growth from last year. I'm loving the slow and steady upward dividend trend.




T                         12.24
GIS                       5.39
CVS                      1.50
O                           3.83
KMI                      1.20
ABBV                   4.28
CAT                      1.72
SBUX                   2.88
INN                       0.36
WELL                   4.35

Saturday, February 23, 2019

Recent Buy CVS

Nothing like making a long term buy on short term bad news. It feels good to finally get a buy in for 2019. Yesterday I purchased 5 shares of CVS at $62.05 per share, building on my existing position. CVS has fallen on earnings news and a more frightening potential threat from Amazon expanding into the pharmacy space. But the numbers are also too good to ignore. CVS now sports a 3.23 percent dividend yield and is valued near a 5 year low. CVS also has a payout ratio of just 28 percent. The merger with Aetna is promising revenue over time and all of this mitigates the Amazon risk. Also let's face it, if we stayed a way from everything Amazon could potentially touch, there would be many buys now a days. There hasn't been a dividend raise since 2016, but there is solid growth potential. The average one year price target for CVS is 80.23 and out of 22 analysts 15 rate it a buy or strong buy.

Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.

Long CVS
Additional Disclosure I long everything.

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Recent Buy WFC

Today I purchased 5 shares of WFC at 47.94 per share for a total of 239.70. I had been long looking at Wells Fargo. And today I had a chance...